EIA: U.S. Natural Gas Exports Exceed Imports for February through April
The United States exported more natural gas than it imported in February, April and May of 2017, according to the Energy Information Administration. On an average annual basis, the United States has been a net natural gas importer for nearly 60 years.
Declining net pipeline imports from Canada, growing natural gas pipeline exports to Mexico and increasing exports of liquefied natural gas (LNG) are all contributing to the nation’s ongoing shift toward being a net exporter. While the U.S. remains a net importer of natural gas from Canada, U.S. exports to eastern Canada have been increasing steadily since 2000.
Since 2011, several pipeline reversals have contributed to the growing volume of natural gas delivered into Canada from both the Midwest and Northeast. In March, total U.S. natural gas exports to Canada were 3.21 billion cubic feet per day (Bcf/d), near the monthly record of 3.25 Bcf/d reached in December 2012; U.S. exports to Canada declined in both April and May.
U.S. natural gas exports to Mexico also reached near-record levels in the first five months of 2017, averaging 4.04 Bcf/d.
In related news, Cheniere Energy reported Tuesday a net loss of $285 million for the second quarter of this year, compared with a net loss of $298 million for the same period a year earlier. Year to date, LNG from Cheniere’s Sabine Pass liquefaction facility and terminal in Cameron, Louisiana, has been delivered to 10 new countries. As of July, LNG from Sabine Pass has reached 24 of the 40 LNG-importing countries around the world.
First LNG from Cheniere’s Train 4 at Sabine Pass was achieved in July. Industrial Info is tracking 19 active Cheniere projects worth more than $38 billion.
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